Following is the
transcript of former secretary Richard Cheney's new conference.

CHENEY: Good afternoon. I'm here today in my capacity, announced last night
by Governor Bush, as chairman of the Bush-Cheney transition team. Traditionally,
the day after the election GSA provides keys to the transition office and funds
appropriated by the Congress for a new administration to begin the transition
process.

Because of the closeness of the election this year and the situation in Florida,
that clearly was not the case this time, and we understood the reasons for that,
given the fact that a recount was under way under Florida law.

Now that the election results in Florida have been certified, in accordance
with Florida state law and rulings by the Florida Supreme Court, we believe
it is time to get on with the business of organizing the new administration.

We were disappointed, therefore, when the General Services Administration
announced that they will continue to deny us access to taxpayer funds that are
specifically appropriated by the Congress and set aside to pay for the transition.

This is regrettable, because we believe the government has an obligation to
honor the certified results of the election. Despite the decision, we feel it
is our obligation to the American people to honor their votes by moving forward
and assembling the administration that they've chosen in this election.

Therefore, at the direction of Governor Bush, we will proceed, drawing on other
sources.

The Presidential Transition Act of 1963, as amended in 1988, specifically
authorizes public funds for transitions, but also makes provision for raising
private money and contributions from private sources to supplement the public
funds needed to defray the transition-related expenses.

This has been done previously, most recently in 1992 by the Clinton-Gore transition.
We plan to follow a similar practice now.

We will file as a Texas non-profit corporation and seek 501(c)(4) status from
the Internal Revenue Service and then begin operating with the funds raised
accordingly.

The act specifically permits receiving both direct and in-kind contributions
from individuals, from corporations and from political action committees. We
will accept individual contributions within the limits specified by the statute
of $5,000. And I want to emphasize individual contributions.

We will not accept contributions from corporations or from political action
committees. Any goods and services that we receive from corporations will be
paid for at fair market value out of transition foundation funds.

On behalf of Governor Bush, I am also announcing today that Clay Johnson,
currently serving as Governor Bush's chief of staff in Austin and formally his
appointment secretary, will become the executive director of the transition;
that's Clay Johnson. And Ari Fleischer, who many of you know as the campaign
spokesman, will be coming to Washington to serve as the press spokesman for
the transition.

We will have a number of announcements, obviously, in subsequent days and
we'll try to get as much information to the press as quickly as possible, with
respect of office space locations, phone numbers, additional personnel, et cetera.

One of the important considerations that has not received attention, because
of all the focus on the Florida circumstances in recent weeks, has been the
fact that virtually nothing has happened publicly from the standpoint of the
transition. While we've able to do some internal planning among ourselves, we've
been able to do very little by way of actually beginning the process of working
to put in place the new administration.

There's been a tendency, I think, for many people to believe that there is,
quote, ``plenty of time'' before we begin to pay any kind of a price for the
delay in certifying a winner in the Florida election. That may be true if one
looks only at the timetable for the Electoral College, but we will pay a heavy
price for the delays in planning and assembling the next administration.

I personally have previously participated in some five transitions, stretching
back to 1969, in various capacities, at the White House, in federal agencies,
and the Cabinet, department and agency level as well.

These days of transition before a president-elect takes the oath of office
are of great importance. The quality of a transition has a direct bearing on
the quality of the administration that follows it, a direct bearing on the quality
of the people that are recruited to serve in an administration. The transition
affects the quality of planning, the building of relationships between the administration
and the Congress, the capacity of a new administration to develop and execute
a legislative program, and even the ability of the new team to deal with that
first crisis when it arises, as it inevitably will.

Under normal circumstances, we have approximately 10 weeks to get ready to
assume the responsibility for governing after an election. Given the enormous
complexity of interviewing, recruiting and confirming hundreds of senior officials,
most administrations in recent years have not been fully staffed and organized
until well into their first year in office. This year, because of admittedly
unusual circumstances, we have already used up nearly three weeks, or roughly
30 percent of the original time available for a transition.

For all of those reasons, we believe it is absolutely essential for us to
get on with the business of a transition. Indeed, it would be irresponsible
for us not to move as rapidly as possible to carry out these responsibilities.

One final point. As Jim Baker made clear yesterday, Governor Bush and I prevailed
at each step of the election process in Florida. Now we have been officially
certified in accordance with the laws of the state of Florida the winners of
the state's 25 electoral votes.

Every vote in Florida has been counted. Every vote in Florida has been recounted.
Some have been counted three times. Vice President Gore and Senator Lieberman
are apparently still unwilling to accept the outcome. That is unfortunate in
light of the penalty that may have to be paid at some future date if the next
administration is not allowed to prepare to take the reins of government.

We find ourselves in a unique and totally unprecedented position. Never before
in American history has a presidential candidate gone to court to try to change
the outcome of an already certified presidential election. But whatever the
vice president's decision, it does not change our obligation to prepare to govern
the nation.

I'd be happy to take a few questions.

Yes, sir?

QUESTION: Mr. Secretary, how far are you ready to go with this unofficial
transition, and you consider it that at this point, you may not consider it
quite official.

QUESTION: Are you and Governor Bush going to be naming any Cabinet secretaries
at any point, soon?

CHENEY: I expect we will be selecting Cabinet secretaries. We've already spent
a lot of time talking about that between ourselves and together with Mr. Johnson,
who's been doing some transition work during the campaign, as well as Andy Card
and others.

I don't know that we will announce anybody. I wouldn't want to forecast that.
I wouldn't foreclose it. It's conceivable that we might, during this period
of time, actually go forward and announce one or more Cabinet members. I wouldn't
want to be bound today, but clearly our preference, hopefully, is to get access
eventually to the GSA funds and to be permitted to begin a transition that includes
public as well as private support.

But we have to get onto the business now of beginning to talk to people about
possibly joining the administration, sourcing others for their ideas and thoughts
on who might be willing to serve, beginning the process of preparing people
to go through the full-field investigations, the FBI requires; the complete
financial disclosure that's required by the Office of Government Ethics; preparation
for the confirmation process in the United States Senate.

And, of course, all of this has to happen in the middle of the holiday season.
And, as I say, 30 percent of the time ordinarily available is already gone.

So, you know, we are--I'm announcing today, at the direction of the governor,
that we are going to get on with the business of the transition just as rapidly
as we can, although as I say, it'll be awhile before we can make any announcements.

Yes?

QUESTION: Since you haven't felt like you yet announced Cabinet nominees,
has Governor Bush had time yet to make some decisions on Cabinet nominees? And
how far has he gotten in terms of private decisions?

CHENEY: I simply, at this point, want to say that we have had extensive conversations
and discussions. A practice that I followed over the years in working with other
presidents I have known is not to discuss what I discuss with them or what the
status of their thinking is. When he has announcements to make, he'll make them.

In the meantime, clearly this is a subject that we'll be spending a lot of
time--and have already spent a lot of time on, but I wouldn't want to characterize
that state of this deliberations at this point.

Yes, sir?

(CROSSTALK)

QUESTION: ... possible Cabinet nominees, will the nature of those people be
more moderate because things are so close in the Senate and the election itself
was so close? Will you take less of a risk on your nominees?

CHENEY: The governor is interested in getting the very best people we can
to serve in those positions in the Cabinet and sub-Cabinet positions. He's interested
very much in having a wide variety in terms of backgrounds and experience. I
think diversity will be an important consideration, as well as other considerations
that ordinarily go into putting together a Cabinet.

Certainly the questions of policy, legislative agenda, relationships with
the Congress, all of those are likely to be influenced by the fact that this
has been a very close election, that the nation is, if anything, evenly divided,
if you will. We're certainly cognizant of that, and I would expect that the
decisions the governor makes will certainly take those considerations into account.

QUESTION: Mr. Secretary?

CHENEY: Yes, sir?

QUESTION: On the question of the FBI, this is a long process that you need
to go through, months and months.

QUESTION: If the FBI is not consenting, at this point, to start reviewing
nominees for offices, does that, essentially, delay this effort that much longer?
The question is what it is, exactly, you can accomplish with this sort of pre-transition
that you're talking about.

CHENEY: Well, I--without question, you know, what we would like to see today
is that the administration would be thoroughly supportive of our needs to get
on with the business of assembling an administration. That means financial support
from the funds appropriated by the Congress, office space, GSA support, access
to the various agencies that are involved, as well as the full cooperation of
organizations like the FBI that have to do full-field investigations. That's
not situation we find today.

There is a lot of preliminary work that can be done, once we can begin to
interact with prospective administration officials, once we can recruit people
and get them to agree to sign on as part of the administration. There's a lot
of preliminary work that can be done in terms of getting them to assemble all
of the information that's required.

My recollection is, for full-field FBI investigations, and I think I've been
through about three of them, you have to go back and assemble a list of every
place you've ever lived in your entire life.

There's a lot of information that people need to be able to produce and prepare.
We know what that is. We can assemble, for example, packages of the kinds of
things that are going to be required for background investigations, financial
disclosure, what the requirements are of the Office of Government Ethics. And
even though we cannot actually initiate action by those federal agencies yet,
we can do everything short of that, in terms of getting people ready to go through
the process.

Yes, sir?

QUESTION: Mr. Secretary, have you been using campaign funds to finance the
travel, housing and food of those people who were protesting outside the courtroom?

CHENEY: I don't have any idea. You ought to direct that question to Austin.
I really don't have any idea. I didn't come here today to talk about Florida.
But I'd direct that question either to the folks in Florida or Austin.

Yes, sir?

QUESTION: Mr. Secretary, you called the national evenly divided, but now for
the first time in 46 years, it'll be Republicans in the White House, Senate
and House. Will you take this opportunity to govern conservatively?

CHENEY: I think I've already addressed that question. I think the governor
will, at the appropriate point, lay out a course of action.

CHENEY: There'll be a State of the Union speech, an Inaugural Address, revisions
to the budget, all of those things that encapsulate the basic thrust and focus
of his administration. Those are announcements that he'll make.

Yes?

QUESTION: You're assembling the transition team and the administration, why
then continue with the Supreme Court case on Friday?

CHENEY: We're continuing with the case primarily because we feel that we have
no option, given the fact that our opponents, Vice President Gore and Senator
Lieberman, are continuing to challenge the results in Florida.

QUESTION: Have you personally spoken to anybody in the Clinton administration
today about the kind of things you talked about today in wanting to go forward?

CHENEY: I have not. I took the announcement from GSA that they did not yet
want to provide support, that they made publicly, as definitive. I know that
Andy Card has placed a call to Mr. Podesta at the White House. I don't believe
it's been returned yet. It hadn't before I came out here.

I'll do one more question.

Yes?

QUESTION: Mr. Secretary, is there a certain level of frustration within your
campaign because you are not able to use the appropriated funds or unable to
get the use of them?

CHENEY: Is there a certain level of frustration in the campaign?

You know, these are unprecedented circumstances. There is no experience that
I've had that I've been through this, and I've been through some strange circumstances.
I worked for Gerry Ford when we took over the White House as Richard Nixon resigned
in 1974. That was a strange transition.

There's never been anything like this, at least not in recent memory, and
I think the governor's been very clear in terms of what he expects out of those
of us involved in the transition. He wants it to be as professional as we can
make it. We want to make certain that we do absolutely everything we can to
stand up the organization and have it in place to take over on January 21.

But he's also emphasized, as he has in public comments, that--as he did last
night I thought very eloquently in his remarks, that this is a time, given the
closeness of the election and our responsibilities, a nearly evenly divided
Congress, that we really do need to reach out to people from all walks of life
and from every political faith, Republican and Democrat alike, to find principles
we can agree upon, programs that we can develop and support mutually together,
and I think that'll be very much a part of our effort.

To say this is a time of frustration--I frankly feel privileged just to be
here, just to be a part of it. I have an opportunity to serve with Governor
Bush, to return to government after I'd left it some eight years ago. And now,
to have been through what has to have been one of the closest elections in history--I've
got a lot of good friends on the other side of the aisle, and one of the things
I hope to be able to contribute to the administration is the opportunity to
help work with some of my Democratic friends that I served with previously in
the Congress, and Joe Lieberman and Al Gore and others, to put all this together
again so that we can get on with the business of the nation. I think that's
a very important consideration.

So I don't think of it in terms of frustration. There's a whale of a lot of
work to do, and we've got to get started.